CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Anna Danchik, Comptroller |
Recommendation:
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Approve and ratify the agreement with the Clark County, Nevada for the performance of governmental services in accordance with the bylaws of the nonprofit; or take other action as appropriate. (Sitting as the Clark County Emergency Response Fund, a nonprofit corporation, Board of Directors) (For possible action)
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FISCAL IMPACT:
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Fund #: |
N/A |
Fund Name: |
N/A |
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Fund Center: |
N/A |
Funded PGM/Grant: |
N/A |
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Amount: |
N/A |
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Description: |
N/A |
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Additional Comments: |
No Fiscal Impact |
BACKGROUND:
In accordance with NRS 277.180, the parties are authorized to enter into interlocal contracts to perform governmental functions and activities. This agreement will provide the terms and conditions for the County to provide administrative services to the Nonprofit as determined and mutually agreed to by the Nonprofit. The following are the pertinent provisions of the Agreement:
• The County will act as fiscal agent for the Nonprofit and create and maintain financial accounts to account for the Nonprofit's operating, capital and grant funds and provide daily accounting, budgeting and financial reporting services.
• The County will provide routine legal representation and counsel through the Office of the District Attorney.
• The Treasurer will maintain records of money received and disbursed by the Nonprofit, maintain bank accounts, and invest in appropriate financial instruments within the Clark County Treasurer Investment Pool.
• The Nonprofit's funds will be held in a County-administered special revenue fund or other appropriate account, incorporated within the Clark County Treasurer's Investment Pool, and used exclusively for purposes authorized by the Nonprofit's Board.
• The Nonprofit Board, composed of the Board of County Commissioners, retain authority over all discretionary decisions related to donations and distributions.
This agreement will be subject to the laws of the State of Nevada. The parties agree that throughout the term of this agreement they will comply with applicable laws including State and local laws, ordinances, and rules and regulations applicable to the services typically performed.